● Nearly half of all moves at the CEO/MD level, showing sharp churn at the top
● Auto sector shows the highest movement of women executives at 26% while all sectors put together account for 14% of executive movements
CIEL HR Services, India’s leading talent solutions company, today released findings from its latest study on executive movements in the manufacturing sector. The research shows that 62% of senior-level hires over the past year were external appointments, a clear sign of the industry’s growing appetite for fresh leadership to drive growth, transformation, and competitiveness.
The study further revealed that leadership churn was most visible at the very top. Nearly half (47%) of all tracked movements were at the CEO/President/MD level, highlighting that boards are actively rethinking leadership for the future. The automotive and auto components sector emerged as the most active segment, accounting for 35% of all senior-level movements, reflecting the sector’s size, strategic importance, and fast-paced transformation agenda.
Beyond the leadership churn, the report reflects the broader story of India’s manufacturing sector. Over the past 12 months, manufacturing contributed 23% of all leadership movements across industries, ranking second only to IT & ITeS (30%). This signals the rising importance of experienced leadership in steering scale, innovation, and operational excellence at a time when the industry is benefiting from government incentives, exports growth, and renewed domestic demand.
Gender diversity remains a mixed picture. While women accounted for only 14% of overall movements, they were more likely than men to rise through internal promotions (42% vs. 36%). The auto sector distinguished itself as a leader in gender representation, with women making up 26% of its executive hires, nearly double the industry average. Yet the research also shows that women leaders remain heavily concentrated in HR (30%), pointing to the need for greater inclusion in operations, technology, and core business leadership roles.